Mobico Group Balance Sheet Health
Financial Health criteria checks 2/6
Mobico Group has a total shareholder equity of £1.1B and total debt of £1.4B, which brings its debt-to-equity ratio to 129.5%. Its total assets and total liabilities are £4.1B and £3.0B respectively. Mobico Group's EBIT is £20.3M making its interest coverage ratio 0.3. It has cash and short-term investments of £356.3M.
Key information
129.5%
Debt to equity ratio
UK£1.38b
Debt
Interest coverage ratio | 0.3x |
Cash | UK£356.30m |
Equity | UK£1.07b |
Total liabilities | UK£3.01b |
Total assets | UK£4.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3NA's short term assets (£1.0B) do not cover its short term liabilities (£1.4B).
Long Term Liabilities: 3NA's short term assets (£1.0B) do not cover its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: 3NA's net debt to equity ratio (96.1%) is considered high.
Reducing Debt: 3NA's debt to equity ratio has increased from 82.7% to 129.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3NA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3NA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.8% per year.